Plugging and Abandonment Obligations. Except as set forth in Section 3.23 of the Sheridan Disclosure Letter or as would not have a Sheridan Material Adverse Effect, there is no well located upon any property owned by Sheridan or its Subsidiaries that Sheridan or its Subsidiaries is currently obligated by law or contract to plug and abandon.
Appears in 4 contracts
Samples: Purchase Agreement (Jedi Hydrocarbon Investments I Limited Partnership), Purchase Agreement (Jedi Hydrocarbon Investments I Limited Partnership), Purchase Agreement (Sheridan Energy Inc)